Natural Gas

Oil

Oil rises amid Fed commitment to low rates

BANGKOK (AP) — The price of rose modestly Wednesday in Asia as regional stock markets got a boost from the Federal Reserve's sanguine view about the risks of its low interest rate policy.

Oil

Oil ends lower on Italy elections, crude supplies

NEW YORK (AP) — The price of oil was lower Tuesday as investors weighed the implications of political uncertainty in Italy, the latest assessment of the economy from the head of the Federal Reserve and prospects for growing US crude supplies.

Shell to buy Repsol LNG assets for $6.2 billion

AMSTERDAM (AP) — Royal Dutch Shell says it has struck a deal with Spain's Repsol SA to buy Repsol's liquefied natural gas assets in Peru and Trinidad & Tobago in a deal worth $6.2 billion.

SAIS forum, "Shale Gas: Obstacles or Opportunities"

Washington, March 1, 2013, 4:00 pm

SAIS forum, "Shale Gas: Obstacles or Opportunities." 

API makes push for LNG export approval

Source: 
Global Times

The American Petroleum Institute called for the Energy Department to authorize liquefied natural gas exports, arguing the move would represent "an unequivocal plus" for economic growth, the Global Times reports.

Pro-fracking film to screen at Congress event

Source: 
Politico

The pro-fracking documentary "FrackNation" will be shown at a private House Science, Space and Technology subcommittee event today, Politico reports.

Utility agrees to $500,000 fine in fatal Pa. blast

ALLENTOWN, Pa. (AP) — A utility has agreed to pay a $500,000 fine and speed replacement of its cast-iron pipelines following an eastern Pennsylvania gas explosion that killed five people two years ago.

Dreams of gas riches fading for NY landowners

BINGHAMTON, N.Y. (AP) — When word spread about the potential natural gas riches of the Marcellus Shale, Kimberly More saw it as the hope for saving her horse farm.

Oil

Oil falls on economic jitters, Italy election

BANGKOK (AP) — Global economic jitters and the prospect Italy will reignite Europe's debt crisis dragged oil down to near $92 a barrel Tuesday.

White House met with Exxon, Shell on fracking rules

Source: 
The Hill
A record of a Feb. 21 meeting revealed the White House Office of Management and Budget met with oil companies including Shell, Exxon and BP to discuss federal rules governing hydraulic fracturing, The Hill reports.

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